The following information is available from the financial statements of Barrington Corporation for the year ended December 31 . 2014: Net income .......................................... $396,000 Depreciation expense ................................ 102,000 Decrease in accounts receivable ..................... 126,000 Increase in inventories ............................. 90,000 Increase in
accounts payable ........................ 24,000 Payment of dividends ................................ 54,000 Purchase of available-for-sale securities ........... 22,000 Decrease in income taxes payable .................... 16,000 What is Barrington Corporation's net cash flow from operating activities?
a. $440,000
b. $466,000
c. $520,000
d. $542,000
D
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Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units:Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.Units started and completed: 110,000.Units completed and transferred out: 135,000.Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion. Costs:Costs in beginning Work in Process - Direct Materials: $43,000.Costs in beginning Work in Process - Conversion: $48,850.Costs incurred in February - Direct Materials: $287,000.Costs incurred in February - Conversion: $599,150. Calculate the equivalent units of materials.
A. 130,250 B. 144,000 C. 140,000 D. 110,000 E. 165,000
If one changes the contribution rates in the objective function of an LP problem,
A) the feasible region will change. B) the slope of the iso-profit or iso-cost line will change. C) the optimal solution to the LP will no longer be optimal. D) All of the above E) None of the above
To qualify as a small business, a manufacturing plant can employ no more than ____ people.
A. 500 B. 1,000 C. 2,000 D. 3,000 E. 3,500